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. we begin with where things stand on the fiscal cliff, msnbc political analyst and msnbc contributor jared bernstein. jentle men, president obama tonight said he had spoken with speaker boehner in addition to senate majority leader harry reed. >> i just spoke to speaker boehner and i also met with senator reed. in the next few days, i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for two million americans and lays the groundwork for further work on both growth and deficit reduction. >> jared, is this actually a setback for the president in so far as the embarrassed speaker with someone at least with whom he was dealing? and now, the president really doesn't have a negotiation partner? >> i do think it's a setback from the nation because the president and speaker boehner were actually moving to a credible, plausible compromise at the very beginning of the week. of course, that's horribly off track now when john boehner decided to go to plan b. i think the president's lever raj, if anything, is
republican colleagues, by refusing to go along with revenues, are risking the fiscal cliff. >> there will not be a big deal. the chance for a big deal is with the debt ceiling. that is one of will have leverage to turn the country around. >> president obama urged congress to get a deal done when they returned from christmas break. president obama was among the dignitaries that attended the memorial service for the senator. the world war ii was the first japanese-american elected to both houses of congress, serving hawaii for 50 years. he died of respiratory complications last monday. he was 88 years old. former president bush is still in stable condition in a houston hospital. the 88-year-old former president has been hospitalized since november undergoing treatment for bronchitis. doctors are opportunistic he will make a full recovery. they said today he still needs to build up strength before they can release him. no discharge date has been set . >> it looks like the weather will be active as we head into the holiday week. just a few scattered clouds right now. when we tu
cliff if he so chooses. they were elected to get the fiscal house in order. now is the time for republicans to stand up for your kids and grandchildren. maybe she the should say they're looking out for the future, future generations maybe now is the time to take a stabbed stand and say they're not going let washington continue with this out of control spending, debt, maybe now, at this moment, maybe that is the right thing to do. and joining me now with reaction to this developing story are two house republicans, congressman louie gomert. welcome back to "hannity". >> good to be with you. >> sean, i can -- . >> sean: go ahead. >> i can sympathize that he can not imagine our consciences in the house because you'd have to have one to aimagine ours. and he's shown repeatedly, over three years of no budget? come on. jm%lx >>> and first through on december 31. up, hairy reid saying it's time to cut spending not for now, but future generations who arere"Ñde one that's have to pay this off? >> it seems tozc)Ñ my, congressn gomer this has been the bush tax cuts have been lost sin
to the white house today to work on the ever looming fiscal cliff. can he cut a deal with republicans. >>> and david gregory may be in trouble of the law because of that ammo thing he has on his anchor desk. [ male announcer ] the more you lose, the more you lose, because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> th
three days before year-end deadline to avoid the so-called fiscal cliff. obama and congressional republicans remain at an impasse over the republicans' refusal to allow tax hikes even for the wealthiest americans. if an agreement is not reached in time, $600 billion in automatic spending cuts and tax increases will go into effect on january 1. but the tax increases would not necessarily be permanent. the new congress could pass legislation to cancel them retroactively after it begins its work next year. >> while the so-called fiscal cliff has dominated the news headlines, the senate is also preparing to vote today to continue a controversial domestic surveillance program. in a blow to civil liberties advocates, the senate rejected three attempts thursday to add oversight and privacy safeguards to the foreign intelligence surveillance act. joining us from washington is democratic congressmember dennis kucinich. this is his last again congress after serving eight terms. since 1997, dennis kucinich has been a leading progressive voice on capitol hill, into these articles of impeachm
-called fiscal cliff. short-term will hurt the republicans, undeniably. long-term, it will hurt the democrats and president obama. dennis: i thought all along that the republicans would look horrible. now, i'm wondering if it is switching the other way. a family earning only $20,000 a year will see that their tax refund gets cut in half if we go off the cliff. >> i think you are right. especially since we have not had the follow-through, dennis. what is the reason for all of this? where are we heading? the president, nor the republicans have answered that question. dennis: thank you for being with us. dagen: chicago mayor is renewing a plan to privatize the cities i second biggest airport. jeff: this was the world's busiest airport from 1948 to 1961. now it is just three big airlines that call this home. southwest, frontier and delta. it is still a huge cash generator for the city. he famously had a deal to privatize the city's parking meters and the problem is, they took all the money they had and spent it already. mayor manuel is under some scrutiny. as i said, both are choosing to do so. t
that republicans are willing to take to avert the fiscal cliff. there's their 400,000. so everyone who makes $400,000 their taxes would stay the same. would that be acceptable. if there is no deal to be reached we do know that harry reid will try to move forward on monday with the bill for those making $250,000 or below. so that's what we need to see how it will work there. there are types of sweeteners they can do. mitch mcconnell is a tough place and this is the underreported part of the story. he has to figure out a deal that gets through the senate and doesn't make john boehner look too bad in the house and there are a lot of conservatives in the house that don't want to do any type of deal that would raise taxes on anybody even though they'll go up on the entire country the first tax hike in 20 years after monday night. >> and one would also assume that mitch mcconnell would have to back a grant, he could face a primary fight if this thing -- >> you touched on one of the great sub plots of these entire negotiations is personal things that boehner and mcconnell have in these negotiations. obv
for republicans in the middle of the fiscal cliff thing they throw boehner over the edge or start the process for removing boehner? seems if anything, again, as a pragmatic matter that even maybe hurts the republicans more or is it right? is anthony right that you are going to lose ground anyway so you might as well stick to your first principles and look at what happened to george h.w. bush after he went back on his tax no tax pledge. >> if he can't lead and offer solutions he probably shouldn't be there. there is a great game as to if not he, who. that is a fair question. these things happen fast. i'm not saying that it will. the only people that can really counter are the 435 members in there. they know what is happening on the inside. >> laura: what should he do? >> offer a solution. >> laura: what solution? he tried to offer. >> offer a bold solution and go out to america and debate it and don't do secret meetings. we had two years of simpson bowles and knew this was coming. debate the concepts with america and continue debating them. >> laura: don't worry about the fiscal cliff. >> push
over that fiscal cliff. that would allow hard lying republicans to have lower taxes. >> to apiece voters. great. >> so called it low form of chay in an begans. >> i think it would be horrible. i think i don't think it's fair to the american people. >> with 2 million people on the verge of losing their unemployment benefits, there are too many lives at stake if we don't get it before the end of the year. >> the ceo of star, bucks is sending a message. writing come together on the coffee cups they serve on thursday and friday. urging a compromise on fiscal cliff negotiations. >>> the city of san francisco may pay employees to stay healthy. a group of government employees consider to be the healthiest. of that group, two-thirds were overweight. now city leaders in san francisco are considering a plan to give direct incentives to employees for being healthy. it would save the city money in the long run. >> a request for a waiver of the no child left behind law. the goals are unreelistic and flawed. to evaluate teachers based on their student's test scores. so far 33 states and the ter
your local news on "cbs this morning," an update on washington's fiscal cliff negotiations. we'll hear from republican senator bob corker, plus the damaging economic strikes looming at more than a dozen of our nation's forts. >>> a guy getting fit will sit with the best-selling authors of "fit" this year. that's the "cbs morning news" for this friday. thanks for watching. i'm duarte geraldino. have a great day. -- captions by vitac -- www.vitac.com >> your realtime captioner: linda marie macdonald >>> hi, everyone. good morning. it's our last friday of 2012! december 28th. i'm frank mallicoat. >> i'm michelle griego. time now is just about 4:30. let's start things off with a look at weather and traffic. i feel like i'm losing my voice. >> oh, no. >> i know. >> are you really? >> a little bit. >> you have so many visitors in town. >> i know! >> the entire state of colorado stayed at your house! >> you will have the weekend to rest your voice. >>> in the weather, we are getting a check of our high-def doppler radar. and it's quiet for now. but we are anticipating some big changes by thi
politicians are running out of time to avoid the budget crisis known as the fiscal cliff. every reed said democrats and republicans had to stop squabbling to have any chance at which an agreement by december 31st and higher taxes and spending cuts will automatically take effect. president obama has cut short his holiday to revive the talks. >> if we go over this cliff, the house of representative with four days left are not here with the speaker having told him that he will have 458 hours' notice. i cannot imagine their conscience out there wherever they are around the country and we are trying to get something done. >> why is the american economy teetering on the edge of the cliffs? these are some of the things that president obama is trying to prevent with the return to the lighthouse. an employment has fallen to a four year low and currently stands at 7.7%. no deal could mean 2.1 million jobs disappearing parent to it would equate to a contraction of 1.5% in the value of all goods and services america producers meaning less money to afraid with the rest of the world. as far as the repu
the can down the road, jeff, we'll do some small deal and create another fiscal cliff to deal with this fiscal cliff. >> just let the people's housework its will. instead of handing over the keys to the most extreme elements in the house republican caucus. >> a lot of people donnell realize he is blocking a vote in the house. >> i think in the end we'll get a deal. the question is the timing. >> i am hopeful there will be a deal that avoids the worst parts of the fiscal cliff. >> i want to bring you in and say good morning to sander levin. sir, it's good to have you with me. what is your expectations or thoughts about hear that the president and vice president joe biden are calling the four congressional leaders behind closed closed doors today. >> i am hopeful. i wouldn't say i'm optimistic, but i think confidence has gone down. i think the key is whether the speaker will be the speaker of the entire house and let the matters come before us where there could be a majority of democrats and perhaps a majority of republicans, but let es speak our will and act on our will. that's
ceiling and we haven't climbed back up the fiscal cliff and the republicans begin playing games with the debt ceiling, that would be fiscal suicide. we breakthrough the debt ceiling, we're talking depression. not a quick recession. it would be the single stupidest and most damaging act of sabotage in american history. and it cannot be allowed to happen. and here, hopefully to tell me why it will not happen is alice, who probably knows more about the budget and the budget deals than probably anybody else alive. she's appointed to president obama's national commission on fiscal responsibility and reform. and she's currently a senior fellow at the brookings institution. thank you for being here tonight. >> happy to be here. >> you know much more about this than i do. you heard the intro, is there anything you want to add or correct anyway you see the fiscal cliff that you think people should know about? >> i thought your five points were good ones, especially the one about austerity, what we're talking about now is doing something really stupid as you said, and letting the wrong po
the fiscal cliff, democrats and republicans have left the capitol for their respective homes. for the majority of the country, that means we are essentially going over the cliff. president obama is in hawaii for christmas with his family b. before he left, he urged congress to adopt a stopgap measure to prevent taxes from rising on people who make less than $250,000 a year. he also asked for a plan to keep providing benefits to unemployed workers. house speaker john boehner is home in cincinnati. he failed to get members of his own party to support his plan b proposal to end the crisis. he said the stalemate and failure of plan b rests with the democrats. >> what the president has offered so far simply won't do anything to solve our spending problems and begin to address our nation's crippling debt. instead he wants more spending and more tax hikes that will hurt our economy. and he refuses to challenge the members of his matter to deal honestly with the entitlement reform and the big issues that are facing our nation. that's why we find ourselves here today. >> president oba
>> it is time to roll up the sleeves and get down to business on the fiscal cliff. democrats and republicans have made the trip to the white house. i'm ashley webster,. it is the last hour of trading, and count down to the closing bell starts now. we have breaking news from washington. rich edson at the white house where president obama is about to meet with key members of congress, and, rich, there's talk of a scaled down deal put forth by the president. what have you heard? >> it that is the discussion. you have harry reid, mitch mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a possible path forward that aids describe as preventing tax increase for income amounts of $400,000 or $500,000 or so, extend unemployment insurance, but, still, nothing has been agreed to. all in washington are waiting to see how this meeting goes. it's just about to start here in dc. meanwhile, on capital hill, the f
the fight that made us sit here today to talk about the quote/unquote fiscal cliff and the republican haves the boehner rule to ask for a dollar in cut for every dollar the limit is extended. the debt limit being money that we have paid and obligation to pay. and so, if democrats and republicans aren't come together now, and a month and a half from now republicans come back to the table and say we need more cuts, i don't know what the president is going to look to to cut. seems like a complicated mess that they have on their hands and the more clarity they get now, the easier it's going to be in a few weeks from now. if they get a small deal that leaves no path forward on the bigger issues i think that we'll be here in a month and a half talking about the same things. >> thank you so much, meredith and david. >> thank you. >> thank you. >>> a huge winter storm packed with snow and sleet out of the midwest and heading towards the eastern seaboard. blizzard warnings from arkansas to illinois. wintry mix is expected in the northeast. it's the same storm system that sparked a tornado outbreak i
with the great book. fiscal cliff talks are taking republicans and democrats to take the arguments on the road. why do they think that will help make a deal? make a deal? the "a-team" is the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? it's the card for people who like more cash. i played a round of golf.id in the last five hours? then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours.
like a republican. >> stop, get out of here. the fiscal cliff is defense cuts and high taxes welcome to the republican party. >> rational people say that's not a good thing to do. i would hope that robert and sober behavior before new year's eve would land like an alien rocketship in washington and get these people to the table. >> greg: alice, you are sane, i believe. what do you make of this? the point i'm trying to make is why are the democrats scared of the fiscal cliff when it defines basically their ultimate dream? the democrats are anxious. they are embracing the fiscal cliff. we got obamaened a democrats in the conservative thunder bird ready to put the pedal to the metal on the fiscal cliff. they can raise taxes. they can cut military spending and they can blame the g.o.p. when the g.o.p. is doing the smart thing here wanted pointing the finger at the real problem, which is out of control spending. fixing this problem is not going to be easy but it's not complicated. we can't rely on raising taxes. we have to focus on cutting spending. that's what republicans are doing. even
students from around the country. also, the state of the fiscal cliff after a split among republicans; plus shields and gerson. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: the streets of egypt's second largest city were filled with clashing islamists and their opponents today. the groups confronted each other in alexandria. it was the eve of a final-round vote on a draft constitution that's backed by islamists and president mohammed morsi. supporters of morsi and protesters threw rocks at each other, and riot police intervened with tear gas. officials said at least 40 people were injured. it was unclear who started the fight. north korea has detained an american citizen, and says he confessed to unspecified crimes. he was identified today as kenneth bae, a korean-american tour operator from washington state. north korean state media said he entered the country, with a tour, on november 3. the north has detained five other americans since 2009. all were released, eventually. american leaders past and present paid tribute today to the late senator daniel ino
proposal from republicans, well, pretty much, we're headed towards the fiscal cliff and going over. there has to be movement towards a middle ground, and as the meeting started, there was no. we are awaiting reports on what happened. they met for an hour and five minutes. could have been progress towards another type of workable frame work to maybe kick this into next year, but as of the start of this meeting, it was not looking good. the white house will be updating ceos at 5:30, a staff call, staff from white house calling a number of ceos, having a conference call to update them. lloyd blankfein of goldman sachs on the call, trying to confirm other members of the call. thinks moving quickly, but not much progress. david: if there had been any kind of conclusion or any kind of agreement between republicans and democrats as we're looking at pictures -- that was nancy pelosi moments ago, if there was an agreement, there probably would have been an announcement, come out to the gaggle of reporters saying they are happy, and there was none of that announcing going on today; correct?
of 2013. these are the people that republicans have used as pawns in the fiscal cliff debate. earlier this week, senate minority leader mitch mcconnell demanded spending cuts to offset the estimated. $30 billion cost of extending the federal unemployment insurance program for another year. mcconnell was elected to serve the people of kentucky. so how do mcconnell and junior senator rand paul justify letting federal unemployment benefits expire for 24,000 people in their state? how can senator marco rubio allow nearly 119,000 unemployed floridians to be cut off? senators john mccain and jon kyl should be fighting for the 28,000 people who would be affected in arizona. it's not clear if they will. and the list goes on and on. unemployment benefits are vital to the economic security of millions of americans, and the continued recovery of the u.s. economy as a whole. this should not be a bipartisan issue. let's bring in john nichols, washington correspondent for "the nation" magazine. brother nichols, who will be most affected if no deal is reached. not the very reach who can afford to de
a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol loomis. that and more tonight on "n.b.r." some straight talk from president obama tonight about the fiscal cliff. speaking to reporters from the white house he said he's ready and willing to get a comprehensive packageone,ut it's up to republicans and democrats to make it happen. >> nobody gets 100% of what they want. everybody has to give a little. >> susie: the president also proposed a smaller package that prevents taxes for 98% of americans from going up and for unemployment insurance to be extended. he pressed lawmakers to agree on this in the next ten days. darren gersh has details. >> reporter: one day after the collapse of efforts to avoid the fiscal cliff, all sides were speaker
years. we do have this practical problem ten days from now of the fiscal cliff. i said republicans would be well advised to accept the fact that president obama won the election and minimize the damage that will be done by the tax increase that is coming. >> chris: you would go for the stripped down obama plan? >> i would go for what the speaker tried to do late last week and try to get the number up from $250,000. yes, there is going to be a tax increase on the wealthy. i would try to protect investments as much as possible. do the amt patch. have a reasonable deal on estate taxes. i'm a squish on this. got to make the best of a bad situation. i think what will happen incidentally is republicans will be faced on monday, on december 31 with having to vote on a much worse proposal than the one they didn't give speaker boehner the majority for. >> chris: the plan b. >> harry reid will pass through the senate on thursday or friday a tax hike on everyone over $250,000 and republicans will have the joyc choice on m, letting it come to a vote. i think the speaker probably has to. b, will they
been a sense as long as these fiscal cliff negotiations have been going on an predating that to the last time the debt ceilings negotiations or give away that we're giving up way too much. and the sense is that it's all a could -- kabuki theater. >> president obama caught the hawaii vacation short for what reason? >> that's act one or two of the kabuki. to make it seem as though even though he flew off for vacation, he cares about what is happening. that's why so many americans and fox viewers obviously in particular are fed up with what's going on in d.c. because it seems there's always a predetermined conclusion. and for the last 30, 40 years in american politics, that end has been kicking the can down the road further and not telling america that finally once and for all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would
republicans are fighting to have a balanced point of view for the fiscal cliff. if the president wants to spend $one. 6 trillion, he should cut the spending by that. it should be 400,000 jobs. people who give us jobs are the people that earn $400,000 and can afford to have a family and pay for employees. i am very grateful for your mentioning the fact he went on 310 campaigns. i was wondering what he was doing when he was not in the office leading. now i understand he was out campaigning. when he does campaign, have you been able to figure out how much he has cost the american taxpayer for the trips he takes? in hawaii, they mentioned he is lazy because he is from hawaii. i am wondering if he spends all his time campaigning. host: it sounds like he might spend time there because it is warmer than washington, d.c. caller: he does not work that much. when he was in chicago in the senate, in the illinois senate, he did not work that hard. he was only marked present. i did not believe that. now i see the way he operates. he does not seem to be doing his job. that is why he spent $6 trillio
return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain involving tax reform entitlement changes in a matter of days. >> even starbucks is getting involved, right in "come together" on its cups. speaker john boehner is sitting the route out after failing to get house republicans to support his own plan. >> i think john boehner is being controlled, unfortunately, by the right wing. >> that leaves it up to majority leader harry ring in the red -- harry reid in the rest of the senate to find a solution. harry reid's plan will avoid tax creases for -- tax increases for people making too large and $50,000. >> you will see a two-step process here, one with the media dynamic so you can set
yesterday at the deadline but that deal to avoid the fiscal cliff on new year's if democrats and republicans can't compromise, tax hikes will kick in, the tax policy center said families making $50,000 a year will have to pay $2,400 more in taxes. >>> the excon who lured firefighters to their deaths left a note saying he wanted to burn down the neighborhood and do what i like doing best, killing people. >> we are being shot at. multiple fireman down, i'm shot. >> that was a call that a wounded firefighter made, william spangler burned his home yesterday and waited for first responders. he was armed a gun, a shot gun and a rifle. he opened fire when crews arrived. arrived. two firefighters were killed. >> just always there for you. you just take them for granted. you don't -- >> two more wounded are still in the hospital on this christmas day. spangler took his own life. his rifle is the same make and caliber weapon used by the newtown shooter. >>> families in connecticut are trying to find solace on this christmas day. the town is still reeling from the shooting that killed 26 people at
the darn thing was d.o.a. in the senate i? way. the republicans are losing the debate on the fiscal cliff. this is obama's economy. let the president and the democrats own it and own the national debt. own the defense cut. instead, boehner and the gang allow the president to star in his own superhero film. he will cut the hawaiian vacation short and come back to save us mere mortal from the fiscal cliff. winning the optics war and winning it big. juan, how did you get the ball back from the republicans? they had it. this was obama's economy, his face calf cliff. now boehner fails on the vote and next thing you know, the ball is in your court. >> juan: i think you are right. i think boehner at the moment looking weaker. he is out of this altogether at the moment. his troops abandoned him. he is okay keeping the speaker on january 3 when the republican caucus vote but you are hearing rumors about eric cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house
. the republicans are losing the debate on the fiscal cliff. this is obama's economy. let the president and the democrats own it and own the national debt. own the defense cut. instead, boehner and the gang allow the president to star in his own superhero film. he will cut the hawaiian vacation short and come back to save us mere mortal from the fiscal cliff. winning the optics war and winning it big. juan, how did you get the ball back from the republicans? they had it. this was obama's economy, his face calf cliff. now boehner fails on the vote and next thing you know, the ball is in your court. >> juan: i think you are right. i think boehner at the moment looking weaker. he is out of this altogether at the moment. his troops abandoned him. he is okay keeping the speaker on january 3 when the republican caucus vote but you are hearing rumors about eric cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the
increased since the election and also increased in how people view his handling of the fiscal cliff, while attitudes towards republicans are consistently bad and the blame and disapproval is only growing for them. it's costing them in the polls and at the polls this crisis of leadership, this consistent blocking that every obama has tried to do. it's really over a tax increase, and for what? it's really to stop primary challenges. that's what this is all about. i mean, it's really bringing the country to a standstill for their own political short term. >> "new york times" is talking about the urgency issue in all of this, and lacking urgency that we have witnessed. they say, yeah, with days left before the fiscal punch lands, both sides are exhibiting little sense of urgency. rather than to foster progress. perry is that the biggest thing, the primaries moving out of this and how everything looks back? >> i think there are two things going on. the first is democrats generally feel they won a man dade. they're not backing down -- the second thing is the primary issue. you have members of co
for democrats to offer a new type of fiscal cliff proposal. democrats are saying to republicans in the house, they should just pass that bill that passed the senate earlier this year, one that extends tax rates for families earning less than $250,000 a year. so very much bit of a stalemate going on here in washington as we move ever closer to the deadline. back to you. ashley: my first reaction is, so what's new? >> not much. ashley: at least it is something. but the 31st is well, the very next day. >> right. ashley: if you look past the headlines about the gridlock in washington what do the fundamentals of the economy really look like? are they not that bad? and will 2013 be the year for you to make money? certainly hope so. mark luschini, janney montgomery scott analyst joining me in an fb. in exclusive. mark, thank you for being here. you are unabashedly bullish, which i love? >> i love the underlying economic fundamentals despite what is played out on the television. ashley: to that point. we're not in a fiscal cliff wrooefr in a fiscal slope. is it being overblown? >> the terminal facto
to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours and so i am hopeful and optimistic. >> reporter: but the sticking point remains finding something that can make it through the house with enough support from republicans. >> it seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that we're going to get something done before the end of the year. >> susie: you know thanks for that report. i am just wondering from all of the reporting you have done, do you think we are better off with a bad deal than no deal at all? >> you know susie when peopletal they are talking about a bad deal in political terms. frankly it's republicans that are most worried about the bad deal they have most leverage. the president has the most leverage. they are worried about a bad deal. any deal that gets us past the fiscal cliff is going to be seen as a good deal. >> susie: it seems like we are further apart than
, but can he lead both parties to a compromise fiscal cliff work-around? republicans say democrats have been dragging their feet for months and they won't be pressured into what they considered a bad deal that doesn't help balance the nation's books. >> the president calls congressional leaders to the white house, it's political theater or they have a deal. my bet is it's theater. >> reporter: speaker john boehner hasn't been able to get them to budge on a deal to raise taxes and the name calling is getting ugly. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: and it's true the senate controlled by democrats is working this week, but they're not working on the fiscal cliff. and the house won't even be back to work until sunday, just two days before the year-end deadline. then there is also the milk fiscal cliff. have you heard of that one? if congress does not
as part of the overall deal here on the fiscal cliff. republicans have been resisting that by announcing the debt ceiling limit will be held on monday, ratchets up the pressure to include the debt ceiling piece in the final package, whatever that may be, but still not clear, carl, there is going to be a final package of any kind. one quick note, we saw the realism. pact in the real world of the debt situation. treasury announcing yesterday it has suspended the sale of state and local government securities, government series securities. so already, they are doing some maneuvering here financially to try to avoid that debtly limit. the treasury secretary says he doesn't know how much wiggle room they are going to have, given that all the fiscal cliff uncertainty is out there. >> eamon, on this idea that the house members get called back with 48 hours' notice. traders are looking for that headline if it happens almost that bleed out there or procedural moment where that is announced, so to speak? >> a good question. i have been in touch with republican leadership about that today. what they
. tom hudson will be along a little later in the program. a positive turn in the fiscal cliff crisis. house republicans agree to meet sunday night to resume talks after a day of finger-pointing and complaining in washington. on wall street, fiscal fears created whiplash for investors: a big stock market sell-off and then bounce back on word that lawmakers are springing back into action. and, if you used your smartphone to shop this christmas, you're in fashion. it was the year's top retail trend. we have that and more tonight on "n.b.r."! a dramatic cliff-hanger today between washington and wall street about the fiscal cliff. stocks initially sold off after senate majority leader harry
sunday for a possible vote on the fiscal cliff field. republican leaders have not said whether they will act on the sandy bill or move a smaller alternative measure. congressional aides say the best chance for the full package to pass is if it moves in tandem with a potential agreement to avert the fiscal cliff. the strategy in the house is if they try to move this bill at the same time they move the fiscal cliff bill, it has a better chance of passing them by itself? guest: the house is back to deal with the fiscal cliff bill. the hope to supporters of the sandy supplemental is the house would do something on the fiscal cliff package and somehow they could use that as an opportunity to get the sandy bill through. the chance for the full supplemental to be passed before the end of the year, it will either be a smaller amount or they will not touch it at all. the senate will have to start over next year. host: raymond hernandez i need." >> they joined -- an unusual move they are working together as opposed to saying separately i am in new york, this is what i need, new jersey an
and not very effective, but ultimately, i think they will avoid the fiscal cliff. >> but neither side appears willing to give in. democrats, for example, are frustrated that republicans will not agree to raise taxes on the wealthy. >> the majority of rich people in our great country are willing to pay more. the only people who disagree with that are republicans who work in this building. >> republicans say that democrats want to spend too much money. so, as much of the united states digs out from yet another series of snowstorms, many average citizens are asking themselves what it will take to get politicians in washington to stop squabbling and come up with a compromise that will help put america's fiscal house in order. >> are both parties determined to go over the fiscal cliff together? let's bring in our washington correspondent for more on this. what can you tell us about the meeting coming up in less than an hour? what will the president talking about with the republican leadership? >> there are only six people who really know what is going on, and what will really happen at the white h
fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your thoughts on this december 24, 2012. it does religion influence your politics? let me show you this from "the new york times" this morning. a new poll out worldwide religion shows up that one out of six follows no religion. that is worldwide. all religions outside the united states as well. the upi
have to work tomorrow, presumably on the fiscal cliff, should the house republicans, the leadership, call that body back into session? >> well, i think speaker boehner will be in on the negotiations, and he will know when something might go through the senate, and he will certainly call the house in time to address this. they are prepared to go back, but right now, the action is in the senate, and i know that we're all trying to come up with and talk to our colleagues about some kind of way to avoid this massive increase in taxes that would occur if we don't act. and the things that are going on beneath the surface, i think, are important in the senate side, and i know the speaker will call them back when it's necessary. >> on a different issue, you're from a border state, you're, obviously, retiring soon. immigration, it's something that your party tried to accomplish under george w. bush, was not able to. as someone who can sort of speak freely about it, what's going to need to happen -- what's going to need to be seen from republicans and democrats for that to move forward in any
-called fiscal cliff, taxes and spending cuts unless democrats and republicans reach a deal by new year's eve. >> nearly all the major players in those negotiations are starting to agree on one thing, and that is that a deal is virtually impossible by that deadline. senior officials say there is little hope of a grand bargain to shave trillions of dollars off of america's mountain of debt. >> applause for the bell at the start of the trading day is a daily ritual at the new york stock exchange, despite the enthusiasm, traders are keeping an anxious eye on share prices. the fiscal cliff is on everyone's mind. u.s. treasury secretary timothy geithner has warned that his department will need to take extraordinary measures to postpone the upcoming government defaults. he plans adjustments to the national budget that would give the u.s. two months of grace. president barack obama has said he is still hopeful that a resolution can be reached this year. he cut short his vacation in hawaii to restart negotiations with republicans in congress. before christmas, the president called for bipartisan coop
are watching the fiscal cliff clock. the president says that he has met republicans halfway. now, is it working? >>> and if you are not finished with your christmas shopping, you are not alone >>> only thing that stops a bad guy with a gun is a good guy with a gun. >> as people across the nation try to focus on the holidays, the events in newtown, connecticut, and the debate over gun control is controlling much of the conversation this weekend, regardless of which side of the debate you are on. the end goal is ending gun violence. a crowd gathered at a vigil aimed at doing just that. lauren demarco joins us there. >> reporter: president obama says that this is not just an issue for lawmakers and law enforcement. he says that's going to take all americans standing up and say, enough on behalf of our kids. and that is why the community is coming out tonight. the vigil in columbia heights was held in honor of 20 children and six school staff members killed. local stool keepers trish and her husband tim were among those who gathered. >> hopefully that will lead to some momentum. >> reporter: presid
at the other chamber, saying the senate must act on a bill to avoid the fiscal cliff. a spokesman for harry reid some are blaming the gop for the holdup. no further legislation can move unless republicans drop their knee-jerk obstructionism. if the country falls off the fiscal cliff, it may feel gradual at first, except on wall street. >> the reaction from the financial markets and the stock markets -- you could see something quick. >> a top ceo is hoping to jolt them into action. he wants employees to write " come together" on the coffee cups. >> i am maintaining my optimism that we will see the republicans and administration come together and do what is right for the country. >> starbucks has a message for the players in washington and is taking out an ad in "the washington post" featuring a quote from lincoln. will it work? we will see. hallie jackson, wbal-tv 11 news. >> 6;09. 37 degrees at the airport. >> former president george h.w. bush is transferred to intensive care. we will have an update. >> i giant aquarium suddenly collapses. >> everyone has that fear when they stand by it. it
. because president obama perfectly going over the fiscal cliff to blame republicans because he can't default on the debt. he will have to compromise between now and february. second of all the baseline gets reset if the tax cuts expire. everybody will propose a tax cut in january and right now we're fighting whether to increase taxes or not. you can see possibility of a deal seen as win-win for both sides. third, if republicans don't come up with a deal, a bad deal right now, they still have the $800 billion in revenue they put on the table from limiting deductions and loopholes that they can use to buy down rates. so i think the odds are, after january 1 we will get a deal and it will be much more favorable deal to the republican party because we'll have the leverage and president obama won't. heather: simon, basically what mark's laid out there would be more of a bunge jump over the cliff instead after nosedive, what do you think about the possibility, good thing or bad? >> i think it is going to happen whether it is good or bad. hopefully in the first week to 10 days of the new
to the hill by president obama to senate republicans to avert the fiscal cliff. and nbc's white house correspondent peter alexander joins me now. republicans saying, oh, the president is having a deal. the president is saying no. harry reid is saying no. what do we know? >> i guess we know very little. we know this isn't going to be litigated in the mead ra. but the white house wants to make it very clear that there is no new proposal on the way to its hill today despite the comments from senator scott brown and others today, a senior administration telling me a short time ago, and i quote, there is no proposal being sent up today. i think that does it pretty emphatically. that was the language that came from harry reid just a short time ago. the president is here. we have reached out to aides, as well. they say they have no information that he will be speaking publicly today. we also know as you see him arriving only a matter of hours ago that the vice president, joe biden, has been meeting in the white house, as well. but at this point, that's where things stand with barely 100 hour
leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who hasn't reached out for weeks. >> the phone never rang. and so now here we are, five days from the new year, and we might finally start talking. >> reporter: but talking about what? so far, reid has not introduced the scaled-down bill he was reportedly working on over the christmas holiday. sources say that bill would extend the bush-era tax cuts for americans making less than $250,000 a year. with the clock ticking, reid
a fiscal crisis collapses. is there a plan c or are we headed off the cliff? and top officials testify on capitol hill about the benghazi attack, but we'll have to wait longer to hear from hillary clinton. do they are role in that debacle effect her plans for 2016? welcome to the journal, editorial report, i'm paul gigot, as the nation copes with the shooting deaths of six deaths and 20 children at an elementary school in newtown, connecticut efforts turn now to preventing the next tragedy, with president obama appointing a task force for gun violence and members of congress calling for stricter gun control measures. but my guest this week says the heart of the problem is not the availability of weapons, but the abundance of individuals with severe mental disorders who are not being treated. dr. e fuller is the founder of the treatment advocacy center and author of the "insanity offense" how america's failure it treat the seriously mentally ill is endangering its citizens. doctor torrey. welcome here. and you've written you're not against guns, but people's access. how many people are
the finger at the other chamber saying the senate must act on a bill to avoid the fiscal cliff. the gop is blamed for the holdup. no further legislation can move unless republicans drop their knee-jerk obstruction. the mayfield gradual at first, except on wall street. >> the reaction of the financial markets and the stock markets. you could see something quick. >> a top ceo is hoping to jolts them into action. >> i am maintaining my optimism that we will see the republicans and administration come together and do what is right for the country. >> starbucks its in its message that our players in washington and take me out an ad featuring a quotation from lincoln. will it work? we will see. >> hallie jackson, thank you. >> kim dacey is live on what you need to know. >> about a dozen state laws will go into effect next tuesday. we have highlighted just a few. with any new year comes new opportunities and of course new laws. after a battle, gay couples will be able to say "i do" on january 1. another new law changes the election cycle. they will be held on the same cycle as presidential ele
saying republicans want to go off the fiscal deliver and republicans saying the president wants to go off the fiscal cliff. so, i think it's quite possible we will, although it's not going to be catastrophic the first day. so i think -- it will take past the first of the year for them to actually come one something. and i think they will come up with something before the economy just turns to disaster. >> perhaps it is nice we all go off the cliff together. john boehner, the implosion of plan b seems hugely tough for him to get over. account president actually negotiate with boehner if he can't deliver his own caucus? >> well, it was interesting. today, we had some republicans saying to us that if boehner thought add good deal, that he could get enough democrats on and some republicans, whe would put out a deal that might not get a majority of republicans. i don't see there is a bill now because the democrats are not so sure what kind of spending cuts they want. yes, i think john boehner is still in the mix, in the end, he is going to have to deliver in the house. he doesn't necessarily h
by a discussion by house republicans and speaker boehner's negotiations on the fiscal cliff. then a look back at the columbine shootings and lessons learned in the newtown, connecticut shooting. "washington journal" live at 7:00 eastern here on c-span. >> what is the most important issue he should consider in 2013? >> if you're in grade 6 through 12 make a short video about your message to the president. >> with your chance to win the grand prize of $5,000 and there are $50,000 in total prices. for more information go to student cam.org. >> today president obama nominated senior massachusetts senator john kerry to be secretary of state. senator kerry is a vietnam war veteran and chairman of the foreign relations committee. he was also the 2004 presidential nominee. this is under 10 minutes. >> good afternoon, everyone. when i took office our nation was engaged in two wars and all qaeda was entrenched in their safe havens. many of our alliances were afraid. for the past four years we have begun a new era of american leadership. we ended the war in iraq, put the al qaeda on the path to defeat a
that the president is doing a better job negotiating on this fiscal cliff, and that they will blame republicans more if we go over it. >> we have certainly been hearing that. ross, you have been saying no matter who comes out on the deal, it makes it less likely republicans will win tax debates anytime soon. >> yeah, in the sense that, you know, the party has -- i think charles is right, that the party has sort of locked itself into a corner where yes, there is this possibility that they'll be able to vote for tax cuts and they'll be able to say, well, we held the line. we did our best and so on. but the danger for them is that these stopped being the bush tax cuts and become the obama tax cuts, right? i think that's what conservatives and republicans should be most worried about from a long-term political perspective right now. i mean, in a sense, they have sort of -- they have won a particular policy battle in the sense that most of the bush tax cuts, both parties believe should be extended. right? we're talking about 97%, 98% of the bush tax cuts. you could say that's a policy win for republicans
passed after we went over the fiscal cliff, it then loses whatever upside there was for republicans, except, and we have to mention this, for republicans vulnerable to primary challenges, there's obviously a lot of anxiety about being, you know, the first republican in 20 years to vote for a tax increase. i think that's the big fear, that it's been so long. republicans haven't cast this kind of vote. you don't want to be the first one to do it. >> yeah, and charles, we're told the democrats may be waiting until the very last minute. maybe they're banking on pressure and the gop caving. what should americans make of that with so much at stake here? i think there's gamesmanship on both sides, that's obviously true, but i think democrats understand they get a better deal out of this if they actually go over the cliff. what the president was offering, his last round of offers, was in fact something that a lot of democrats and liberals did not take kindly to. in fact, when boehner was not able to pass plan b, he threw the president a lifeline and said nobody can be mad at you because i c
the fiscal cliff. >> the idea, republicans and this is the idea that has been floated, will let us go off the cliff sor they or certain members won't have to raise taxes. >> they will cut taxes retroactive retroactively. >> seems like a bad way to go. >> look, this was a machine built to encourage compromise. and it may get easier for some republicans to come back in january if we go over the cliff. the reason, of course, all the bush tax cuts expire with the cliff, when you come back, you would only be voting to cut taxes on some force of the public, up to a certain income level. if you do it now, basically extend push tax cuts, are you effectively raising taxes on some people. might be easier for republicans, it takes us only a small step of the larger accommodation we need. we need some kind of long-term agreement to stabilize the federal government's finances and automatic spending cut side of this is a really blunt instrument. they have to come together if they are going to deal with this, and the problem as i say, all political incentives are toward polarization and refusing to bend
. . >>> while republicans and democrats angle over the fiscal cliff there's another storm going on within the gop involving the tea party and guns. one tea party group held a machine gun social, another a great gun giveaway and dick armey may have used guns to influence his fellow tea partiers. according to "the washington post" mr. armey recently marched into the office of freedom works. he was accompanied by his wife and also a man identified as a former capitol hill police officer who was volunteering his services as a security guard to mr. armey. now, the fact that this security guard was carrying a gun on his waist is a key detail because mr. armey's mission was so force his enemies in freedom works out of the organization. he was carrying out a purge, and the man with the gun actually escorted two of the targets of that purge out of the freedomworks building. so is this what the tea party has come to, an armed coup? hogan, with an intro like that, you know i got to start with you, my friend. >> of course. >> there's a lot of discord within your party between the fiscal cliff and gun
the fiscal cliff, which is a sure sign that the senate majority leader, harry reid, a democrat, is working on crafting legislation on his own that he would essentially dare house and senate republicans to oppose. his legislation would likely extend the bush-era tax cuts for households making less than 250,000 a year. it might also include enough short-term spending cuts to temporarily offset for, say, six or eight months, the indiscriminate across-the-board spending cuts that are set to go into effect on january 1. yis bill would also try to tie up some year-end loose ends by extending long-term unemployment benefits, patching the alternative minimum tax that duds up hitting so many middle class families, and preventing a mbg scheduled drop-off in thdicare reimbursement rates for doctors at the start of the enar. eyre in hawaii, the president has had a low-key christmas with family and friends, but he will omoreaving this state as early as tomorrow to head back to grshington d.c. to put pressure on congress to pass that democratic plan. jim? >> any indications, nancy, where thewhether the
over the fiscal cliff because any vote on taxes technically would be to cut them? >> we've heard some republicans say that, but i think overall, they know. both sides know that to go over the cliff, will lead to political consequences. polling suggests that republicans would suffer the most if something like that happens. the speaker especially labeled unpopular and somewhat responsible for this, and i think republicans will help that. taxes shurnt go up. if they were to go up by law, conceivably they could come back in january and lower them and campaign on the fact that they lowers taxed. >> let's take a look at what speaker boehner said on friday. >> many of us believe on both sides of the aisle, the fundamental reform of our taxes will help get our economy moving faster and get more americans back to work. how we get there, god only knows. >> so the president says he's going to head back to washington after christmas to try and hammer out a deal before new year's. babe boehner said god only knows, god and ed o'keefe. how do they get there? >> for practical reasons there, are bills
much. we'll turn to the fiscal cliff . it is approaching effort . it is earlier this week there is signs of progress and republican house speaker john boehner said plans don't do enough to address the key problem. nasa's government spending that could impact future americans . >> what the president offered so far will not resolve the spending problems . it will hurt our economy. a failing to reach a deal by december 31st would trigger tax hikes and spending hikes . and they say they are willing to continue to work toward a deal . the question is can they get it done in a time. here's steve in washington. will president obama focus on the fiscal cliff? do we know? >> probably not: there will not be done to much -- and president arrived in honolulu. within to his rented vacation home. he left washington last night after scaling back . it is still possible . he's focusing now on a middle class tax hike and extended unemployment benefits. and this congress laws can only pass for democrats and republicans and that means no one gets 100 percent of what they want. everybody has t
republicans in congress as the fiscal cliff looms. so what happens next? moments away. >> continuing now with top story this evening. today corporal john hammarar found out he is going to be spending christmas with his family rather of course alone in a mexican prison. hammar's family is from florida. several members of the florida congressional delegates including senators bill nelson and marco rubio helped lead the fight to free the marine. but perhaps the most vocal of all of them was congresswoman ill anna ross layton who joins us now from miami with the inside story of how this all went down. congresswoman roth layton, it's so good to see you. >> thank you, laura. >> laura: beaten up in congress. approval rating is down. but now we see congress actually gets rules with the help of the factor of course and all of fox news. go ahead. tell us what happened. how did this all go down? >> well, absolutely fox news and o'reilly factor you guys saved his layoff. i mean literally, remember that as you said in the top of the program the parents tried to do it it the old fashioned way. john ha
, then there is no way that we can make that fiscal cliff deadline. it's going to require the republican leadership to be willing to have a traditional up or down vote on the majority leader's legislation. >> well, for a man who's filibustered his own legislation, that's a tall order, to be sure. >> it is, but it happens in the context of all of us looking at what kind of filibuster reform there should be. >> right. >> and if republicans want to show the american people that at that juncture, with everybody watching and so much at stake, they're going to force a fiscal cliff breaking filibuster, i think that's going to have effects that they're going to be very concerned about down the road. so we have kind of a filibuster window here, if the minority leader, if the republican leader will let us proceed that way. >> well, from your mouth to your 99 colleagues' ears, to be sure. >> yeah. >> let's take a listen at your leader, your senate majority leader reid after the meeting. >> i hope everything's a good sign. i've had my confidence destroyed on other occasions, so i hope it's not on this occasion
. there is no republican leader that wants to default on our debt. >> that's a different story. not the fiscal cliff. that's the debt ceiling debate we were talking about. what he is saying is, give us the free checkbook, the additional trillions we want to spend, it has to happen through the house. he's taking a shot at the republicans. that's different from the fiscal cliff. >> well, they are intertwined. i mean, they are not separate entities and the issue here is the language that he used. he conflated republicans holding their own children hostage and then murdering them. imagine if a republican had said something like that. but you don't hear about it. you hear about it here -- >> because we put it here on fox news. i like to play the game deal or no deal -- >> taken. >> sorry. >> juliette, we are going to begin with you. >> okay. >> let me know what you think -- deal or no deal by the deadline? >> no deal like lindsay graham says. the meeting was political theater. >> andrea. >> no deal. he doesn't want one. [laughter] >> unfortunately, there probably will be something in early january -- >> with t
. >> president owe pa ma returns to washington today with five days to avoid the fiscal cliff. >> all eyes will be on the senate after house republicans said it's up to senate leadership to reach a deal. >>> starbucks is urging action asking baristas in his washington, d.c., cafes to write the word "come together" on the cups. >> a new york newspaper facing backlash after it published the names and addresses of local gun owners. >>> a busy shanghai shopping center a shark tank exploded. >>> the windy city of chicago will sport america's most expensive parking meters. >> what do you think about that? >> too much. >> all that -- >> smith catches, shoots puts it up, puts it in at the buzzer! j.r. smith with another game winner! >>> what is your favorite app? >> scrabble. >> sometimes i want to yank that out of your hands. >> and all that matters. >> an endangered thin backed whale watched up on the breezy point section of queens. >> on "cbs this morning." >> i know he's smiling but that medal hanging around his neck there's a 40% chance he'll hang himself with it. captionin
versus republican on the fiscal cliff with congressman steven la tourest and mick mulvaney. weighing in, "usa today's" bureau chief susan page, ron brownstein and michael duffy, washington bureau chief for "time" magazine. i'm candy crowley. this is "state of the union." nine days after the mass shooting deaths in newtown, the president of the national rifle association joined the gun debate. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. >> in a similar vein, lawmakers in a growing number of states including oklahoma, missouri, minnesota, south dakota, virginia and oregon have said they will consider laws allowing teachers and school administrators to carry firearms at school. the nra says they are moving ahead to have their national model school shield program in place to any schools that want it. joining me now to talk about the dangers and backlash is the program director asa hutchinson. thank you so much for joining us. one of the things that struck me listening to wayne laperri
the fiscal cliff was 10 days ago. republican leaders in the house are waiting for the senate democrats to act. they want to see what kind of bill harry reid brings forward on the floor. he is looking at republican leader mitch mcconnell to say what are you willing to accept? so here we are. there is blame game going on. there is lot of maneuvering still. bottom line we'll probably meet this weekend heading up to the fiscal cliff and we'll see what the final offer is to see if they can push it across the finish line. gregg: mike, we're getting word the president has nod no meaningful conversation with anybody own capitol hill, especially john boehner and yet we do hear, that, you know, the seeds have been talking. that staffers have actually been negotiating. what do you hear? >> reporter: that's right. we heard there have been ongoing discussions, taking place throughout the christmas holiday but at this point republicans are saying they took a beating, if you will, trying to lead in the house, a deal that did not go very far. so they're saying, okay, harry reid, senate democrats, see what yo
morning. >> good morning, duarte. yes. hopes for legislation to avoid the fiscal cliff now turns to the senate, but white house and republicans remain far apart. senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the fiscal cliff. higher taxes will give the average american about $1,500 less to spend next year, and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short-term spending cuts until a bigger deal can be reached. >> it is going to be a patch because in four days we can't solve everything. >> while senators try to brave the bad weather in many parts of the country in order to make it back here to washington, house leaders say they will not leave home unless the senate passes its bill first. house republicans scuttled a proposal from speaker john boehner last week, and 48% of americans say they are to blame if no deal is reached. >> both sides here have a problem with the american people, an
to reach a post-christmas fiscal cliff deal? not optimistic at all, not at all with the way the republicans and congress are acting right now, there's no way. from paul hyatt, yes, they will do it but always at the very last minute. paul asks what happened to statesman who work for the good of the people rather than their own agendas and pockets. keep the comments going, find us on twitter and facebook. >>> we all heard today is one of the biggest shopping days of the year, but it's also a day when consumers try to ditch those gifts not on the christmas lists, but it's always not that easy. >> so who has the time to wait in the long line to return something? i'd rather be home eating a christmas cookie. >> if you don't have any kind of a gift receipt, they make a big hassle about giving you store credit. >> despite the hassles, shoppers will return $62.7 billion in merchandise this holiday season. in florida for us this morning, joining to fill us in, how's it looking there, shoppers looking to collect on deals or return their gifts? >> reporter: it's really a combination. at the mall there
and congressional leaders will meet later today trying to hammer out a deal on the fiscal cliff. we'll ask republican senator bob corker if a deal is likely and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >>> we also look back at the life and legacy of general norman schwarzkopf. and a double agent tells us how facebook was used to infiltrate al qaeda. >>> but we begin this morning with today's "eye opener," your world in 90 seconds. >>> the house and republican have left town. the negotiations between the president and speaker have fallen apart. you can't legislate with yourself. >>> republicans have bent over backward. we wanted an agreement, but we had no takers. >> washington scrambles to avert the fiscal cliff. >>> president obama has asked the congressional leaders to meet at the white house today. >> if they cannot reach a deal, the economists warn that could trigger another recession. >> are they going to avoid a fiscal cliff, eric? [ laughter ] as stormin' norman has died. he commanded the u.s.-led international coalition
and it was no surprise that harry reid was meeting yesterday, it would be a short-term fix to prevent the fiscal cliff. the other is the grand bargain, and time is running out, it's unlikely you will get something like that, however, there's a chance that john boehner and republicans say, mr. president, the last offer that you had on the table, we agree to. and the third option is going over the fiscal cliff and as my colleague has pointed out time and time again, that seems to be the more likely option for everyone, because you end up going over and then that would allow republicans to countenance cutting taxes the way that president wants to do and that seems to be the direction we will be going. >> that third option, juftd going over the cliff, what are you hearing from the white house? is there a sense of confidence that if that were to happen that they would rebound better than republicans? >> reporter: well there's a sense in part, if you look at the polls, the majority of americans say they would blame republicans if the country were to go over the fiscal cliff. the white house feels they are i
markets again in february. >> the republicans are going to be defeated coming out of this fiscal cliff fight. and i think that they are just not going to go along with raising the debt ceiling unless they get something for it. and if the president is not prepared to give them something, then it's going to be really hard to see a way out of that. >> reporter: if congress does not act before the end of the year, the public's reaction will determine how fast congress moves to fix the damage. >> what forces action after we pass the deadline is the public reaction to it. and so i think the big question is going to be what happens in the real economy, how frustrated are average americans that their paycheck is meaningfully smaller? and if that is a massive reaction, then they'll get a quick response. >> reporter: while u.s. markets have been fairly weak lately, they have not yet registered true alarm at the prospect of deadlock in washington. it seems many investors see the fiscal cliff as a slope that will only gradually impact the economy. but washington analysts believe investors may be u
senator lindsey graham. >>> plus, eight days before the fiscal cliff. what are prospects for a deal. and the round table or the president's priorities in the new year. that's all ahead. fiscal cliff. fiscal cliff. whatirping ][ cellphon [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. how much is your current phone bill? four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ >>> since we announce
's look a potentially what you could face if the fiscal cliff begins in january. increase of $400 if your income is $20,000 a year. it increases substantially if your income is $40,000 to $64,000. deanna is on the phone from oregon. republican line. caller: there are so many issues to address here but i certainly wanted to talk to joshua specifically. i retired from the air force after 20 years and recently finished my master's degree. my thesis was on diagnosing and the affects of diagnosing on the economy. one of the things i discovered through my research, which i find remarkable -- my professors as well -- was that there were two types of social security. one that people pay into and one that people do not pay into. the one which is not paid into is the one that is consuming the majority of our resources regarding social security. as i was doing the research, my thesis, the question that came about -- i was seeing clients as an intern -- these people who were receiving benefits based on being 100% disabled. there was no clear, defining factor that said when a person was 100% disabled,
, republicans in congress tackle fiscal cliff. the most visible former elected official in the tea party and, of course, chairman of freedom works tried to oust several freedom works officials this fall. in fact, according to the post, army thieves control momentarily of the group. and he brought a gun carrying aide to remove rivals within the organization. but within a week, army was out. freedom works arranged an $8 million pay page for him. $8 million. that is more than the organization's entire annual budget in some years. over in the house, several tea party allies were recently stripped of their committee assignments by speaker boehner. so there are some problems there at the top. an influential conservative is lashing out. >> the tea party is going of to look at itself. it's been so helpful to the republican party in the past. it saved i by not going third party in 2010, helping the republicans sweep the house. but the tea party style of rage is not one that wins over convertes and makes people lean toward them and say, i want to listen to you. >> so there is some real trouble there f
, at their kitchen tables, understand not only what this fiscal cliff is. but i think part of what the representative is telling us here, we have to be really clear about is what republicans would like to do is hold the country's long term hostage on the short term. and it's critical the democrats, no matter how important it is to get a deal done, don't get the wrong deal done. they've goth to make sure that a fair deal happens. >> thank you, i'm going to let you guys keep going on this because i really want to help bring this home. congressman and thank you, melissa harris perry, thank you both for your time this evening. and happy new year to both of you. but don't forget to tune in to melissa harry-perry saturdays and sundays at the 10:00 a.m. hour, here, eastern time on msnbc. coming up, more on the president's comments on the fiscal cliff negotiations and politics over people. republicans bring the country to the brink again. and millions of unemployed americans are nervously waiting. and what a year it's been. the votes are in. we have the "politics nation" picture of the year coming up. you're
the fiscal cliff. if we go over the cliff, many of you decided who is to blame. 44 percent blame republicaning in congress. here to help us sort it out is the republican strategist and former iowa press secretary. you saw the poll on who gets the blame for this according to rasmusin . does this give president obama breathing room to hold out for the taxes on high earners. so be it it will be worse for conditions. >> i don't think either side wants this to happen. president obama doesn't want to give an inaugural address . conscience don't want to go over the cliff either. you want to start out in a new congress and in the new year on a right foot with a bipartisan agreement. we'll have a smaller deal hopefully before new years. >> i want to play a sound by the from charles krauthammer and get your take on this. listen to charles. >> it is clear from the beginning he had no intention to solve the fiscal issues. he's been using this and i must say with great skill and ruthless skill and success to fracture and basically shatter the republican opposition. the only redoubt of the opp
as president obama and republicans stare down the fiscal cliff deadline. >>> plus, a new worry for hundreds of american families who want to adopt. we'll tell you what is behind the controversial move by russian lawmakers. >>> and a new exposes what it calls the gun next door. is it a way to protect communities against gun violence? welcome to united states and around the world, wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> washington is a deadline-oriented city, and this coming week brings one that is a real doozy, billions in tax increases and across-the-board spending cuts take effect. it forces members of congress and president obama to spend the last few days of 2012 on the job. we want to bring in cnn chief white house correspondent, jessica yelen, we all know they would rather celebrate new year's eve elsewhere. how did they get here? >> reporter: it is such a good question, you know, candy, this grid lock in washington creates the eye-rolling. but the fundamental question goes to the essential differences between the two parties about the role of govern
the fiscal cliff is overrated? >> because ultimately a deal is going to happen. if the republicans are smart, which so far unfortunately it hasn't been working out that way, but if the republicans are smart, they are going to use that and they are going to get every single thing they wanted, including a huge reduction in expenditures. >> the way it seems to be rolling out now is that all our taxes, every single income level is going to go up january 1st if no deal is struck. the democrats, i assume, intend to paint that as a republicans have raised all your taxes and blame republicans. so i don't think the democrats see this as a win for the republicans. >> no. i think that's right. i think that's fine and let it happen because ultimately all of these folks that signed the pledge, and some people that sign a pledge, whether you like the pledge or not, i mean, they sort of feel committed to it. now the tacks go up for a short period of time and then they give a tax reduction. even if that happens to be somewhat more than what they were paying as of last week. so it's going to be a very intere
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